Helius Medical renames to Solana Company; signs LOI with Solana Foundation for SOL treasury strategy

Solana Co

Company name changed to Solana Company effective Sept 29, 2025; ticker HSDT unchanged.
Non-binding LOI with Solana Foundation commits to 'Solana By Design', joint initiatives, and SOL accumulation.
HSDT has option to purchase SOL tokens from Solana Foundation at a discount, subject to conditions.
Company holds cash from recent $500M PIPE financing to fund digital asset treasury strategy.
Solana described as fastest-growing blockchain with ~3,500 TPS, 3.7M daily active wallets, ~7% staking yield.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Solana Co: Company name changed from Helius Medical Technologies, Inc. to Solana Company via Certificate of Amendment (effective 2025-09-29).

Change: charter amendment
Effective: 2025-09-29

Exact text from the filing

On September 25, 2025, the Board of Directors (the “Board”) of Helius Medical Technologies, Inc. (the “Company”) approved an amendment to the Company’s Certificate of Incorporation, as filed with the Secretary of State of the State of Delaware on July 18, 2018 (the “Certificate of Incorporation”), to change the Company’s name to Solana Company (the “Name Change”). On September 26, 2025, the Company filed with the Secretary of State of the State of Delaware a Certificate of Amendment (the “Certificate of Amendment”) to the Certificate of Incorporation, which will effect the Name Change at 8:00 a.m. Eastern Time on September 29, 2025.

View on SEC.gov

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Solana Co: Second Amended and Restated Bylaws amended solely to reflect the name change to Solana Company (effective 2025-09-29).

Change: bylaw amendment
Effective: 2025-09-29

Exact text from the filing

Additionally, the Board approved an amendment to the Company’s Second Amended and Restated Bylaws solely to reflect the Name Change (the “Third Amended and Restated Bylaws”). The Third Amended and Restated Bylaws will become effective immediately after the Name Change on September 29, 2025.

View on SEC.gov

13 governance changes filed in the last 30 days. Browse all governance changes →

Solana Co filing history →

Source: SEC EDGAR

accession 0001104659-25-094134

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.